{"url_path":"/sec/cik-0001015155/8-k/2026-03-04/item-2-04","section_key":"item-2-04","section_title":"Item 2.04 Triggering Events that Accelerate or Increase a Direct","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-03-04","source_url":"https://www.sec.gov/Archives/edgar/data/1015155/0001104659-26-023038-index.html","accession_number":"0001104659-26-023038","cik":"0001015155","ticker":null,"issuer_name":"CHARLES & COLVARD LTD","edgar_url":"https://www.sec.gov/Archives/edgar/data/1015155/0001104659-26-023038-index.html","primary_entity_key":"0001015155","primary_entity_name":"CHARLES & COLVARD LTD"},"word_count":127,"has_tables":true,"body_markdown":"**Item 2.04 Triggering Events that Accelerate or Increase a Direct\nFinancial Obligation or Obligation under an Off-Balance Sheet Arrangement.**\n\n \n\nThe filing of the Chapter 11 Case may trigger events of default under\ncertain of the Debtor’s contracts, agreements or debt instruments, including but not limited to that certain Convertible Secured\nNote Purchase Agreement between the Company and Ethara Capital LLC dated June 24, 2025 and that certain Lease Agreement between the\nCompany and SBP Office Owner, L.P. dated December 9, 2013, as amended December 23, 2013, April 15, 2014 and January 29,\n2021, which may result in the termination of, or an acceleration of the Debtor’s obligations under, such contracts, agreements or\ndebt instruments. Such events of defaults, however, may be stayed pursuant to 11 U.S.C. §362."}